Global Survey Reveals Supply Chain and Procurement Professionals Share Optimism in their Job Confidence and Job Market
The latest study by specialist recruitment firm DSJ Global revealed 55% of Supply Chain and Procurement employees shared a positive calibre regarding their economic expectations. Comparably, 58% of professionals felt positive about the current job market, a direct turnaround from last year’s findings, where a minor segment (36%) expressed optimism.
The results come from the DSJ Global Job Confidence Index Report, which measures the pulse of confidence in the end-to-end Supply Chain labour market. The index reports on professionals’ confidence in the economy, holding or getting a job, their compensation and bonus, flexible working patterns, relocation, and whether the normal bull-bear factors in employment have changed. The qualitative data were globally analysed across three regions: Europe, Asia Pacific, and the United States.
Global Job Security and Job Market Confidence are High
According to DSJ Global, almost 2/3 (63%) of Supply Chain and Procurement employees felt confident about their job security, a prominent upswing from 50% provided this answer in last year’s report. Similarly, 64% of respondents are confident or very confident in their projections for the future job market.
Of the Supply Chain and Procurement professionals surveyed, 62% received a bonus this year, with 23% receiving an even higher bonus than last year. Compensation confidence was also strongly rippled throughout the global talent community, with more than half (54%) expecting to receive a higher salary in the next 12 months.
High Job Satisfaction Contrasts Intention to Leave for a New Opportunity
Across the globe, job satisfaction has significantly increased with half (50%) of respondents displayed a positive sentiment, a stark contrast to 28% who felt unsatisfied or highly unsatisfied this year.
Despite feeling secure in their respective positions, 2 in 3 (66%) of the Procurement and Supply Chain network are likely to leave their current job. Furthermore, 74% of the global workforce indicated a willingness to relocate for a new opportunity, which is evidence of an increasingly mobile workforce.
Flexible Work isn’t Under Construction, it’s the Future
Findings from the DSJ Global survey revealed a newfound desire for flexible working options, with well over half (58%) indicating that it is very or extremely important. Comparably, the overwhelming majority (90%) of global respondents highlighted it is critical when asked directly about the importance of flexible work.
About the Job Confidence Index Study
Results are derived from a 2021 DSJ Global study that engaged with over 1,000 experienced Supply Chain and Procurement sector professionals around the world. The online survey ran from April to May 2021.
This report is available for download from https://www.dsjglobal.hk/global-job-confidence-index-2021.
For media enquiries or interview arrangements, please contact:
Contact: Katrina Chui, Head of Marketing, APAC
Phone: +852-3-008-0338
Email: katrina.chui@phaidoninternational.com
About DSJ Global:
DSJ Global is an award-winning specialist recruiter for an end-to-end supply chain. Founded in 2004, and part of the Phaidon International group, we provide permanent, contract, and multi-hire recruitment solutions from our global office hubs across specialist sectors including procurement, supply chain, technical operations, and logistics.